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Updated over 4 years ago on . Most recent reply

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Nolan Wuesthoff
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Loan advice when partnering on a flip

Nolan Wuesthoff
Posted

Hello BP investors! I'm new to real estate investing and looking for advice regarding loan options. I have a partner and we plan to flip a house in April. My partner has used his first time home buyers and I would prefer not to on the flip. We'd like to have both of our names on the loan. What are the advantages/disadvantages of both names on the loan? 

Any advice on loans with a partner pertaining to a flip would be greatly appreciated!

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